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Exploring the Demand for Farmed Giant Clams and Their Components: Approaches and Problems

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  • Tisdell, Clement A.

Abstract

The technical possibility of farming giant clams has been established by the Micronesian Mariculture Demonstration Center (MMDC), by the Australian Centre for International Agricultural Research (ACIAR) and other organizations. Enterprises have already been established to farm giant clams commercially. However, the extent of market demand for giant clams and their components has not been established. Clearly the economics of farming will depend both on demand factors and cost considerations. To determine the likely demand for farmed clams is not an easy task. Such markets as have existed in the past have been based on natural stocks. Supply from these has been uneven and has not been sustained due to overharvesting. Pre-existing markets for natural clam stocks and their components are likely to provide at best an imprecise guide to the demand for farmed clams. For example, natural stocks have been insufficient or protected in some areas such as Australia which has meant that a local market for clam meat has not been established. Clam meat for consumption would be an experiential good for Australians and Westerners and, one suspects, many Asians, including Japanese. Markets exist for giant clams as aquarium specimens and for their shells. Surveys have recently been undertaken in Australia to determine the size of the Australian market for these end-uses and the main findings are reported. The market for clams for meat is likely to be difficult to gauge. In many markets the product would, in effect, be a new product, and for example, new product cycles might apply. In the past attempts have been made to use international trade statistics and the market for possible substitutes, e.g. scallops as a guide to the potential market. These approaches all have drawbacks. As for substitutes, it would for example seem that substitutes for clam meat would vary with the age and method of preparation of the clam. Younger clams, say on the half-shell, can be used as entrée items a
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Suggested Citation

  • Tisdell, Clement A., 1990. "Exploring the Demand for Farmed Giant Clams and Their Components: Approaches and Problems," 1990 Conference (34th), February 13-15, 1990, Brisbane, Australia 145423, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare90:145423
    DOI: 10.22004/ag.econ.145423
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    1. Tacconi, Luca & Tisdell, Clem, 1992. "Economics of Giant Clam Production in the South Pacific - Fiji, Tonga and Western Samoa," Research Reports and Papers in Economics of Giant Clam Mariculture 206554, University of Queensland, School of Economics.
    2. Tisdell, Clem, 1989. "Aquaculture as a use of the Coastal Zone: Environmental and Economic Aspects, Giant Clam Farming as a Development," Research Reports and Papers in Economics of Giant Clam Mariculture 206399, University of Queensland, School of Economics.
    3. Firdausy, Carunia & Tisdell, Clem, 1989. "Seafarming as a Part of Indonesia's Economic Development Strategy - Seaweed and Giant Clam Mariculture as Cases," Research Reports and Papers in Economics of Giant Clam Mariculture 206397, University of Queensland, School of Economics.
    4. Tacconi, Luca & Tisdell, Clement A., 1991. "Aid for Village-Based Rural Projects in LDCs: Experiences, Project Appraisal and Selection, ACIAR and Giant Clam Culture as a Case," 1991 Conference (35th), February 11-14, 1991, Armidale, Australia 146403, Australian Agricultural and Resource Economics Society.
    5. Tisdell, Clem & Tacconi, Luca & Barker, J.R. & Lucas, J.S., 1991. "Economics of Ocean Culture of Giant Clams: Internal Rate of Return Analysis for Tridacna gigas," Research Reports and Papers in Economics of Giant Clam Mariculture 206543, University of Queensland, School of Economics.
    6. Fairbairn, Teo I. J., 1990. "Marine Property Rights in Relation to Giant Clam Mariculture in the Kingdom of Tonga," Research Reports and Papers in Economics of Giant Clam Mariculture 206475, University of Queensland, School of Economics.
    7. Vuki, Veikila & Tisdell, Clem & Tacconi, Luca, 1991. "Subsistence Economic Activities and Prospects for Clam Farming in Ono-i-Lau, Fiji: Socio-economic Factors," Research Reports and Papers in Economics of Giant Clam Mariculture 206545, University of Queensland, School of Economics.
    8. Juinio, A.R. & Menez, L.A. & Villanoy, C., 1987. "Use of giant clam resources in the Philippines," Naga, The WorldFish Center, vol. 10(1), pages 7-8.
    9. Tacconi, Luca & Tisdell, Clem, 1992. "Exports and Export Markets for Giant Clam Products in the South Pacific: Fiji, Tonga and Western Samoa," Research Reports and Papers in Economics of Giant Clam Mariculture 206555, University of Queensland, School of Economics.
    10. Tisdell, Clem, 1991. "A Report on the Test Marketing of Giant Clams as Aquarium Specimens in Brisbane, Australia," Research Reports and Papers in Economics of Giant Clam Mariculture 206547, University of Queensland, School of Economics.
    11. Tisdell, Clem, 1990. "Exploring the Demands for Farmed Giant Clams and their Components: Approaches and Problems," Research Reports and Papers in Economics of Giant Clam Mariculture 206476, University of Queensland, School of Economics.
    12. Tisdell, Clem, 1989. "Pacific Giant Clams and their Products: An Overview of Demand and Supply Factors," Research Reports and Papers in Economics of Giant Clam Mariculture 206474, University of Queensland, School of Economics.
    13. Firdausy, Carunia & Tisdell, Clem, 1990. "The Potential Demand for Giant Clams in Indonesia and their Status: A Report on a Survey of Four Coastal Villages in Bali and Java," Research Reports and Papers in Economics of Giant Clam Mariculture 206485, University of Queensland, School of Economics.
    14. Tisdell, Clem, 1992. "Interest of Asian Restaurants in Queensland in Using Giant Clam Meat in their Cuisine and their Knowledge of it," Research Reports and Papers in Economics of Giant Clam Mariculture 206559, University of Queensland, School of Economics.
    15. Tisdell, Clem, 1989. "Market for Giant Clam Shells: Report on a Survey of Retailers and Wholesalers in Southeast Queensland, Australia," Research Reports and Papers in Economics of Giant Clam Mariculture 206396, University of Queensland, School of Economics.
    16. Tisdell, Clem & Wittenberg, Rene, 1989. "Market for Giant Clams as Aquarium Specimens: Report on a Survey of Retailers of Supplies for Saltwater Aquariums, Southeast Queensland, Australia," Research Reports and Papers in Economics of Giant Clam Mariculture 206398, University of Queensland, School of Economics.
    17. Tisdell, Clem & Lucas, J.S. & Thomas, W.R., 1990. "An Analysis of the Cost of Producing Giant Clam (Tridacna Gigas) Seed in Australia," Research Reports and Papers in Economics of Giant Clam Mariculture 206480, University of Queensland, School of Economics.
    18. Vuki, Veikila & Tisdell, Clem & Tacconi, Luca, 1991. "Socio-economic Aspects of Giant Clams in the Lau Group, Fiji and Farming Prospects: Results of Field Research," Research Reports and Papers in Economics of Giant Clam Mariculture 206544, University of Queensland, School of Economics.
    19. Tisdell, Clem, 1990. "Progress Report No 1 to ACIAR Project No. 8823," Research Reports and Papers in Economics of Giant Clam Mariculture 206483, University of Queensland, School of Economics.
    20. Firdausy, Carunia & Tisdell, Clem, 1990. "Assessing Species for Mariculture in Developing Countries: A Review of Economic Considerations," Research Reports and Papers in Economics of Giant Clam Mariculture 206479, University of Queensland, School of Economics.
    21. Tacconi, Luca & Tisdell, Clem, 1992. "Domestic Markets and Demand for Giant Clam Meat in the South Pacific Islands - Fiji, Tonga and Western Samoa," Research Reports and Papers in Economics of Giant Clam Mariculture 206553, University of Queensland, School of Economics.
    22. Pollock, Nancy J., 1992. "Giant Clams in Wallis: Prospects for Development," Research Reports and Papers in Economics of Giant Clam Mariculture 206557, University of Queensland, School of Economics.
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    More about this item

    Keywords

    Demand and Price Analysis;

    JEL classification:

    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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